What did Ali buy and sell in the past year?
Alibaba submitted a 20-F annual report to the US Securities and Exchange Commission (SEC). The 2018 annual report ending March 2018 revealed the changes in Alibaba’s investment over the past year, some of which have been publicly announced, such as investment. Gaoxin retail, some have not yet, such as the change in equity of Didi.
In the past three years, Alibaba’s cash investment has increased year by year. In FY18, Alibaba spent 83.89 billion yuan on foreign investment, mainly investing in Gaoxin retail, hungry, Wanda movies, and homes.
According to the investment data disclosed in the annual report, Alibaba invested in AO 340 million US dollars and held 12% of the latter. In addition, Alibaba sold some of its holdings to Softbank in the second half of 2017, and received $639 million in cash.
However, in the past year, Alibaba’s large investment was mainly for Wanda Movies, Real Home, Gaoxin Retail’s investment, complete the wholly-owned acquisition of Hungry, and funded to participate in China Unicom’s mixed reform.
Alibaba bought a 7.66% stake in Wanda Movie for 4.7 billion yuan and a 10% stake in Wanda Home for 3.635 billion yuan.
Softbank and Yahoo (Altaba) remain Alibaba’s first and second largest shareholders, holding 28.8% and 14.8% respectively, and Alibaba’s high-level shareholdings add up to 9.5%. Ma Yun is the third largest shareholder of Alibaba. However, the proportion of shares held has dropped from 7% at the time of the last disclosure to 6.4%. The shareholding of Alibaba Group Vice Chairman Cai Chongxin has dropped from 2.5% to 2.3%.
In July, Alibaba postponed the CDR program originally scheduled for July. For various reasons, the process needs to be pushed back. Subsequently, Alibaba said that the attitude of returning to China has never changed, but did not deny the postponement. Alibaba responded as usual: "We have said since the first day of listing in the US that we will come back as long as conditions permit, and our attitude has never changed. We have no more details on the rumors of today’s market. Can comment."
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